Cannabis stocks rallied marginally and are now up 7.9% in April. 50% of the 40 stocks tracked here rose in price, with 2 double-digit percentage gainers and 2 double-digit percentage losers. Stocks with volume above the 30-day average fell from 28% to 20%, with three stocks trading over $5mm in value. Six of the ten highest dollar-volume stocks rose in price as five traded above $1mm. The 420 Investor Cannabis Stock Index decreased from 44.48 to 44.66, reflecting a gain of 13.8% year-to-date in 2016. The index began 2013 at 100, 2014 at 159.1, 2015 at 130.7, and 2016 at 39.25.
Stocks moving more than 5% on more than $500k in volume included none to the upside and Insys Therapeutics (INSY) to the downside.
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